By: Paxton S.B. No. 33
A BILL TO BE ENTITLED
AN ACT
relating to instructional facilities funding for certain
open-enrollment charter schools.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Sections 12.106(a-2) and (d), Education Code,
are amended to read as follows:
(a-2) In addition to the funding provided by Subsection (a),
a charter holder is entitled to receive for the open-enrollment
charter school an allotment per student in average daily attendance
in an amount equal to the difference between:
(1) the product of:
(A) the quotient of:
(i) the total amount of funding provided to
eligible school districts under Section 48.101(b) or (c); and
(ii) the total number of students in
average daily attendance in school districts that receive an
allotment under Section 48.101(b) or (c); and
(B) the sum of one and the quotient of:
(i) the total number of students in average
daily attendance in school districts that receive an allotment
under Section 48.101(b) or (c); and
(ii) the total number of students in
average daily attendance in school districts statewide; and
(2) $460 [$125].
(d) Subject to Subsection (e), in addition to other amounts
provided by this section, a charter holder is entitled to receive,
for the open-enrollment charter school, an annual allotment
[funding] per student in average daily attendance [in an amount]
equal to the basic allotment under Section 48.051 [guaranteed level
of state and local funds per student per cent of tax effort under
Section 46.032(a)] multiplied by 0.04 [the lesser of:
[(1) the state average interest and sinking fund tax rate
imposed by school districts for the current year; or
[(2) a rate that would result in a total amount to which
charter schools are entitled under this subsection for the current
year equal to $60 million].
SECTION 2. This Act takes effect on the 91st day after the
last day of the legislative session.